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General Motors Looking To Shift Finance Jobs From New York City To Detroit

Moving the positions to Detroit helps consolidate things at GM HQ, and should help integrate the team more effectively into core business operations. However, the automaker plans to keep its asset management team and other support staff, consisting of around 150 members, in NYC, but they’ll be moving to a new midtown Manhattan office in June.

The duties of the asset management department involve directing the company’s pension funds and other investments.

Good move. Nothing wrong with Detroit! That will suck for those pompous employees that have to move, but I’m quite certain most of them are worthless to begin with. When Omni Consumer Products takes over Detroit and builds Delta City, it will be better than New York!

Yeah because inferior product, quality, and noncompetitive union labor costs had nothing to do with it. It must have been those 70 financial analysts from NYC whos jobs include moving capital between different accounts so the company can buy the raw materials it needs. You clearly have zero knowledge of the modern automotive landscape.